EU lawmakers demand five-year phase out of weedkiller glyphosate

STRASBOURG (Reuters) – The European Parliament called on Tuesday for weedkiller glyphosate to be phased out in the next five years, prompting the European Commission to drop its proposal for a 10 year license extension. Europe has been debating the use of the herbicide for more than two years and Tuesday’s non-binding vote comes a […]

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Weedkiller ban would disrupt UK trains and raise ticket prices: study

LONDON (Reuters) – British travelers could face higher train fares and disruption to services if controversial weedkiller glyphosate is banned, a study said on Tuesday, in a move that could cost the rail industry millions of pounds each year. The European Parliament called for the weedkiller to be phased out in the next five years […]

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Sony Pictures taps Hulu CEO to chair TV studio

(Reuters) – Sony Pictures Entertainment has named Mike Hopkins, the CEO of Hulu, as its new chairman of Sony Pictures Television, the company announced Tuesday. Hopkins, since 2013, has headed Hulu, the streaming service owned by Comcast Corp, Walt Disney Co, Time Warner Inc and Twenty-First Century Fox Inc. Randy Freer, who has been president […]

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U.S. Halloween princesses make way for Wonder Woman, pink ‘pussyhats’

By Barbara Goldberg NEW YORK (Reuters) – This Halloween, expect to open the door to more pink pussyhats and fewer princesses. Months after the historic women’s march on Washington and in the midst of the “#MeToo” sexual harassment outcry, Halloween 2017 is becoming yet another platform in the United States for women and girls to […]

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AbbVie bets on Alzheimer’s immunotherapy with big biotech deal

(Reuters) – U.S. drugmaker AbbVie is betting on the potential of the body’s immune system to fight Alzheimer’s by signing a drug development deal worth more than $200 million with unlisted biotech company Alector. AbbVie said on Tuesday it was paying $205 million upfront and could make a further $20 million equity investment to work […]

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Centene warns on Obamacare subsidy cuts, shares dive

By Ankur Banerjee (Reuters) – Centene Corp said on Tuesday that White House moves to cut Obamacare subsidies would knock 7-12 cents per share off the health insurer’s fourth-quarter earnings, sending its shares as much as 8 percent lower. Many larger insurers have already left the markets created by former President Barack Obama’s Affordable Care […]

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Kid Rock rules out run for U.S. Senate after feeding rumors

(Reuters) – Singer Kid Rock ruled out running for a seat in the U.S. Senate on Tuesday, saying in a radio interview that his earlier hints about seeking office next year were a lark as he readied to release a new album and go on tour. Rock, 46, a supporter of U.S. President Donald Trump, […]

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Australia publishes draft laws for relaxed fintech regulation

SYDNEY (Reuters) – The Australian government published draft laws on Tuesday that would let financial technology companies operate without a full licence, a measure it said would encourage innovation without compromising existing levels of consumer protection. The draft laws would let companies test “a broad scope of activities…without the need to meet all the existing […]

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India bans use of dirtier coal alternative in New Delhi area

By Sudarshan Varadhan NEW DELHI (Reuters) – India’s top court on Tuesday banned the use of petroleum coke, a dirtier alternative to coal, in and around New Delhi in a bid to clean the air in one of the world’s most polluted cities. The court, which recently banned the sale of firecrackers in the New […]

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UK Supreme Court hears attempt to change Northern Ireland abortion law

By Estelle Shirbon LONDON (Reuters) – An attempt to change the law in Northern Ireland to allow abortions in cases of rape, incest or serious malformation of the fetus started in the UK Supreme Court on Tuesday with harrowing accounts of women’s experiences. A socially conservative province where the Catholic and Protestant faiths exert strong […]

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UK financial watchdog investigates Equifax hacking

LONDON (Reuters) – Britain’s markets watchdog said it has opened an investigation into the hacking of U.S. credit reporting agency Equifax, which affected nearly 700,000 UK citizens. “The Financial Conduct Authority announces today that it is investigating the circumstances surrounding a cybersecurity incident that led to the loss of UK customer data held by Equifax […]

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Amazon rivals turn to legal fine print to stem Whole Foods strategy

By Jeffrey Dastin SAN FRANCISCO (Reuters) – Whole Foods Market met a new foe this summer during talks to lease a top retail space in a San Francisco mall: the Target next door. As City Center mall’s largest tenant, Target Corp had a say over changes to the property. According to people familiar with the […]

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